Guideline Value for DEE GEE Nagar Anex

DEE GEE Nagar Anex guideline value

The current guideline value of DEE GEE Nagar Anex is Rs 1,900 per sq.ft, effective from 1 July 2024. This property is located in Soorapattu village, under the Ambattur SRO, and is classified as Residential Special Type - II.

How the guideline value of DEE GEE Nagar Anex has changed

The guideline value for DEE GEE Nagar Anex has undergone several revisions over the years. The earliest recorded revision was in 2012, with a guideline value of Rs 1,800 per sq.ft. This figure saw a decrease to Rs 1,206 per sq.ft in 2017. Following this, the value increased significantly to Rs 1,800 per sq.ft in 2023, and then further rose to Rs 1,900 per sq.ft in 2024, marking a 6% increase from the previous year.

From 2012 to 2017, there was a notable decline of 33%. However, from 2017 to 2023, the guideline value increased by 49%. Overall, from 2012 to 2024, there has been a modest increase of 6%. The register has no figures for the years 2002, 2003, and 2007 for this street.

Guideline values in Soorapattu

In Soorapattu, there are 115 streets under the Ambattur SRO that carry a 2024 guideline value ranging from Rs 1,100 to Rs 5,100 per sq.ft, with a median value of Rs 1,300 per sq.ft. The guideline value for DEE GEE Nagar Anex is above this median.

• D.G. Nagar: Rs 1,900 per sq.ft (2024)
• Colony Street: Rs 1,200 per sq.ft (2024)
• Chandra Park-Layout: Rs 1,900 per sq.ft (2024)
• Brittania Nagar: Rs 1,400 per sq.ft (2024)
• Bhavani Amman Koil Street: Rs 1,200 per sq.ft (2024)
• Bharathiyar Street: Rs 1,100 per sq.ft (2024)

Stamp duty and registration fee for property in DEE GEE Nagar Anex

For a 1,000 sq.ft plot at the current guideline value of Rs 1,900 per sq.ft, the total guideline value amounts to Rs 19,00,000. The stamp duty at 7% would be Rs 1,33,000, and the registration fee at 2% would be Rs 38,000, bringing the total costs together to Rs 1,71,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more details, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers DEE GEE Nagar Anex?

The DEE GEE Nagar Anex falls under the jurisdiction of the Ambattur Sub Registrar Office, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Soorapattu

The guideline value plays a crucial role in the registration process when buying or selling property in Soorapattu. It serves as a benchmark for determining the stamp duty and registration fees that need to be paid during the transaction.

When a property is sold, the buyer must ensure that the sale price is either equal to or higher than the guideline value to avoid any discrepancies during registration. This ensures that the transaction adheres to the regulations set by the Registration Department.

Frequently asked questions

What is the current guideline value of DEE GEE Nagar Anex?

The current guideline value of DEE GEE Nagar Anex is Rs 1,900 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 1,800 per sq.ft in 2012 to Rs 1,206 per sq.ft in 2017, then increased to Rs 1,800 per sq.ft in 2023, and finally to Rs 1,900 per sq.ft in 2024.

What is the land classification of DEE GEE Nagar Anex?

DEE GEE Nagar Anex is classified as Residential Special Type - II.

Where can I find the Sub Registrar Office for DEE GEE Nagar Anex?

The Ambattur Sub Registrar Office covers DEE GEE Nagar Anex, located at Villivakkam Panchayat Union Board, Office Compound, Dunlop Bus Stop, Ambattur-600 053, Chennai registration zone.

How is the stamp duty calculated for properties in DEE GEE Nagar Anex?

Stamp duty is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the guideline value of Rs 1,900 per sq.ft would incur a stamp duty of Rs 1,33,000.